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I purchased a Gilbert rental property last year now I'm doing my 2021 tax.I have a question for the Arizona property depreciation.Usually we should use the building value, which is (purchase cost - land value) to do d...
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I keep hearing that while you should be cash flowing positively, you should be showing a loss on taxes for your rentals. I've deducted every repair, interest, tax, insurance, depreciation, etc. that I have put into th...
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Hello, I'm an investor in Calgary, AB, Canada and looking into the BRRRR strategy to diversify.....I'm sure most of you know the cap rates in my area are minimal at best. Just wondering if anyone out there knows of Ca...
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Hello everyone,
My name is Jacqueline and I am new to the space. I am currently looking to find my first Fix and Flip property (or possibly a Brrrrs.) I am located in the Gardner area of Massachusetts and would like...
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Hey everyone! My name is Krishna! I am a full-time ICU RN in NYC! I have always been interested in purchasing a home but have always been intimidated by the whole process. However, I recently picked up this book by Br...
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I am house hacking a duplex MTR in North Austin, this is the numbers for my deal.
Purchase Price: 435k in November 2020Down Payment: 15%Rehab: ~$60kPITI: $2,250Current rent for the other unit: $2,650Future rent for m...
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Good Evening Everyone,My wife and I are trying to figure out which is the best route to take for our first time home buying. We live in an apartment in NYC with our 2 children paying $1820 per month in rent. We hate l...
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I’m doing research on brokerages and I’m trying to decide if a traditional brick and mortar like Keller Williams is the way to go or if I should take the plunge with Exp Realty.Training and support/network is most imp...
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Good morning BP! I recently finished Dan Van Horn's book on Real Estate Note Investing and I've been learning more and more about the subject through NoteSchool. I am really intrigued about using notes as a way to gen...
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Hi all,Long time lurker and student of BiggerPockets here, and I thought it was about time to say hello! The wife and I are starting a family and are excited to be moving to Keene, New Hampshire this spring, where we ...